Asset managers have cautioned against letting streamlining morph...
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Learn from Indian women how to invest in gold and silver: Jim Rogers
According to a recent report by the World Gold Council (WGC), the...
FPIs’ selling spree continues in Nov at Rs 21,612 cr
According to the data, FPIs recorded a net outflow of Rs 21,612...
RBI leaves rates unchanged,continues accommodative stance
Shaktikanta Das, governor, RBI The RBI's monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
India among most unequal nations; top 1 pc of population holds 22 pc of national income: Report
According to the report, average household wealth in India stands at Rs 983,010 New Delhi: India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom...
Panel orders immediate closure of NCR industries not using cleaner fuels
"Despite the measures taken in different sectors towards improvement of air quality in Delhi-NCR, the air quality still remains in the 'very poor' to 'severe' category," the Commission for Air Quality Management said. NEW DELHI:In a stern action against industries,...
18 times hike in installed capacity of solar energy in India between 2014 and 2021, says govt
'Installed capacity of solar energy in India has increased by more than 18 times from 2.63 gigawatt in March 2014 to 47.66 gigawatt in October 2021. As a result, India's current share of non-fossil sources based installed capacity of electricity generation is more...
Domestic air passenger traffic crosses 10-mn mark in Nov; Omicron has potential to derail recovery’
ICRA Vice-President and Sector Head Suprio Banerjee said, ''Though the recovery continued in November, demand continues to be subdued from the corporate traveller segment as reflected by the passenger traffic being lower by around 19 per cent in November 2021 compared...
Proposed India bill banning crypto payments could mean jail for violations
The government's plans to crack down heavily on cryptocurrency trading sparked a frenzy in the market and several investors exited with significant losses. New Delhi: Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also...
Pandemic boosts super-rich share of global wealth
The World Inequality Report produced by a network of social scientists estimated that billionaires this year collectively own 3.5% of global household wealth, up from slightly above 2% at the start of the pandemic in early 2020. Analysts say some super-rich have...
AIA Commits to Achieving Net-Zero Greenhouse Gas Emissions by 2050
Lee Yuan Siong, AIA Group Chief Executive and President, said, "Our commitment to net-zero by 2050 will support the delivery of long-term sustainable value for our customers, our shareholders and our communities. AIA is wholly focused on Asia and, driven by our...
COVID-19: Students face $17 trillion loss in lifetime earnings
“And the potential increase of ‘learning poverty’ might have a devastating impact on future productivity, earnings, and well-being for this generation of children and youth, their families, and the world’s economies.” UN:School closures during the COVID-19 pandemic...
Over 55% PMJDY account holders are women, says Finance Ministry
There are as many as 43.90 crore beneficiaries of the PMJDY account holders in the country as of November 17, 2021, Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha. Of these, as many as 24.42 crore are female beneficiaries as...